I Know I Can

Analysis

I Know I Can is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, I Know I Can reported income of $8.9m and spending of $7.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.1m to $8.9m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, I Know I Can sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include East Hill Family Medical Inc ($8.9m), Girl Scouts of Southwest Texas ($8.9m) and Emmaus Bible College ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $660k (8.6% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $46.0m against liabilities of $1.1m, net assets of $44.9m. It reported 85 employees.